Decades after the iconic sitcom "Seinfeld" concluded its run, the show's principal actors and creators have translated their television success into substantial real estate holdings. Their property portfolios, valued in the hundreds of millions, include everything from expansive coastal estates to luxury city apartments, showcasing a series of strategic investments far removed from their on-screen personas.
Key Takeaways
- Jerry Seinfeld and Larry David, the show's co-creators, have amassed real estate portfolios worth hundreds of millions, including properties in New York, The Hamptons, and California.
- Jerry Seinfeld's holdings include a $25.6 million Hamptons estate purchased from Billy Joel and a multi-story garage in Manhattan for his car collection.
- Larry David has engaged in frequent high-value transactions, particularly in exclusive California neighborhoods like Montecito and Pacific Palisades.
- Julia Louis-Dreyfus owns an eco-friendly oceanfront home in Montecito, while other cast members like Jason Alexander and Michael Richards maintain more private residences in the Los Angeles area.
Larry David's California Real Estate Ventures
Larry David, co-creator of "Seinfeld" and star of "Curb Your Enthusiasm," has built a significant real estate portfolio primarily focused on Southern California. His net worth is estimated at approximately $400 million, even after a significant 2007 divorce settlement that reportedly included half of his net worth at the time and future syndication royalties.
David has been an active participant in the high-end property market. In 2014, he sold a seven-bedroom home in the Pacific Palisades for $12 million. Records indicate he also owns other properties in the same exclusive neighborhood.
A Focus on Montecito
In recent years, David has concentrated on the celebrity-favored enclave of Montecito, California. In February 2022, he acquired a residence for $5.7 million, only to sell it less than a year later for a profitable $6.9 million. He quickly reinvested in the area, purchasing a different Montecito mansion in September 2022 for $7.6 million.
Beyond California, David also maintains a property on Martha's Vineyard in Massachusetts, which he acquired in 2004, adding a quieter East Coast retreat to his collection of West Coast luxury homes.
Jerry Seinfeld: The Master of His Real Estate Domain
With a net worth estimated by Forbes to be around $1.1 billion, Jerry Seinfeld has invested his earnings into a diverse and valuable collection of properties. A significant portion of his wealth comes from the enduring popularity of "Seinfeld," which has generated an estimated $3 billion in syndication revenue since its finale in 1998.
The Hamptons and New York City Holdings
Seinfeld's most prominent property is a 12-acre oceanfront estate in East Hampton, New York. He purchased the compound from musician Billy Joel in 2000 for $25.6 million. The property includes a main house, a guesthouse, a swimming pool, and a baseball diamond that Seinfeld added himself.
In New York City, Seinfeld owns a duplex apartment on the Upper West Side. He bought the unit in one of the area's most well-known buildings in 1998 for $4.35 million. The residence features high ceilings, a large terrace, and three bedrooms. Before this, he owned a smaller two-bedroom apartment in the Bolivar building, which he sold in 2006 for $2.5 million.
A Collector's Garage
A known car enthusiast, Jerry Seinfeld reportedly owns a multimillion-dollar, three-story garage in Manhattan to house his extensive collection of Porsches. The facility is said to include four parking spots, an office, and a club room equipped with a pool table.
Properties Across the United States
During the filming of his show, Seinfeld resided in a Los Angeles mansion in the Bird Streets neighborhood, which he bought in 1992 for $2.8 million and sold six years later for $3.2 million. His property dealings also extended to Colorado, where he owned a 27-acre compound in Telluride.
The Colorado property, designed like a ski lodge, featured 11 bedrooms and 13 bathrooms. Seinfeld purchased it in 2007 for $7.55 million and sold it in 2022 for $14 million, nearly doubling his initial investment.
Julia Louis-Dreyfus's Property Investments
Julia Louis-Dreyfus, who played Elaine Benes, has an estimated net worth of $250 million. Her wealth is a combination of her successful acting career and her family background as the daughter of the late French-American businessman Gérard Louis-Dreyfus. While her father's fortune has been reported to be in the billions, the actress has stated these figures are exaggerated.
Commitment to Sustainable Living
Louis-Dreyfus and her husband, Brad Hall, own an eco-friendly, four-bedroom oceanfront home in Montecito, California. The property is designed with sustainability in mind, featuring energy-efficient appliances, solar panels for water and electricity, and a retractable sunroof that functions as a "thermal chimney" to cool the home naturally.
The couple also owned a five-bedroom Mediterranean-style home in the Pacific Palisades. They acquired the property in the early 1990s. Unfortunately, the residence was destroyed in the 2025 Palisades Fire. Before the incident, its value was estimated to be between $15 million and $20 million.
Portfolios of Other Key Cast Members
The other principal cast members have also made notable real estate investments, though they tend to maintain a more private profile regarding their properties.
Jason Alexander and Michael Richards
Jason Alexander, who portrayed George Costanza, has an estimated net worth of $50 million. He is known to reside in Los Angeles but keeps details about his specific properties private.
Michael Richards, known for his role as Cosmo Kramer, has a net worth of about $30 million. Public records show he has been active in the California real estate market. Soon after "Seinfeld" ended in 1998, he sold a home in Studio City for $810,000 after purchasing it for $525,000. He also acquired a Mediterranean-style house in the Pacific Palisades in 1996 for $1.75 million. That property, which offers ocean views from most rooms, is now estimated to be worth between $8 million and $10 million.
Wayne Knight's Los Angeles Home
Wayne Knight, who played the memorable mailman Newman, has an estimated net worth of $10 million. In 1998, at the height of the show's popularity, he bought a home in the Toluca Lake area of Los Angeles for $1.35 million. Today, that property's estimated value has increased to between $4 million and $5 million, reflecting the significant appreciation in Southern California's real estate market.
